CertiK a Blockchain Security Firm provides information in its recent report on the loss incurred in the May of Cryptocurrency domain because of various exploits, flash loan attacks, and exit scams in May 2024. The total amount of losses reached 42$. 6 million with flash loan attack scams as the most common form totaling to […]
CertiK’s Comprehensive Report on Crypto Hacks Read More »
It is worth starting with the fact that litigation occurred in the context of accusations of non-compliance with regulatory requirements and financial fraud against CZ. Althouth Binance has opened offices in different countries and tries to obey different laws and regulations in these countries, some of them accused the exchange of participating in the money
Changpeng Zhao Begins Jail Term with Community Support Read More »
Tether has an extremely bright future ahead of it especially in Hong Kong which recently had Brock Pierce campaigning for it. Brock Pierce, co-founder of Tether and former chairman of the Bitcoin Foundation is publishing this week’s hint at the possibility of coming back to Hong Kong. Cryptocurrency mining by individuals evokes memories of the
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Velocore Breach: A detailed analysis Currently, a DEX Velocore, operating on zkSync and Linea blockchains, was likely to have been hacked. It led to the loss of $10 million in user liquidity with this comment: The Execution of the Velocore Hack The hack occurred when Linea Blockchain, in which Velocore is based, had temporarily ceased
Velocore Hack Results in Loss of $10 Million from User Liquidity Pools Read More »
Do Kwon CEO of Terraform Labs, and his company are embroiled in a significant fraud case with the U.S. Securities and Exchange Commission (SEC). This case has drawn considerable attention due to its implications for the cryptocurrency market and regulatory landscape. The SEC accused Terraform Labs and Do Kwon of defrauding investors through the misleading
Do Kwon’s SEC Fraud Case: Key Updates Read More »
The truth that has come out through recent studies is contrary to the stereotype of Bitcoin investors which is most times portrays as being irresponsible and immature. A new study conducted by Stefano Di Domenico, a behavioral scientist and an assistant professor at the University of Toronto, said that Bitcoin users are very informed, have
Myth Busted: Bitcoin Owners Aren’t ‘Psychopaths’ Read More »
Bitwise Executive Katherine Dowling pointed out that the ex-President Trump might have been the only person who knew that spot Ethereum ETFs would be initially approved by the SEC. At the Consensus cryptocurrency conference, Dowling said: “Trump maybe was the only one that knew about it. I think Trump knew that we were going to
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The U.S Department of Justice has recently captured Yunhe Wang, a Chinese national, involved in a major botnet crime that led to losses of over $130 million. Wang allegedly seized control over 19.5 million private IP addresses through the 911 S5 botnet, distributed the malware and sold it to global criminals. The Botnet Operation This
Unveiling Botnet Cybercrimes: The $130M Case Read More »
Specifically, pseudonymous analyst TechDev posted to his 452k Telegram channel X that several signs point to the market currently replicating a pattern from 2020 that presaged a super bull cycle. Chris Webber of TechDev stated, “The whole crypto market is in just its first macro bull phase in 3. 5 years. ” They reveal, for
As the world wakes up to another day, BTC has taken another dip, losing 3% of its value in the past 24 hours, according to data from coinmarketcap. com, while il Capo, one of the most recognizable names in the field of cryptocurrency analysis, has weighed in on the current market standing. It did this
